Magdalen A

She is 45 years old and she is married with 5 children, of whom two are grown up and independent, and three are in high school. She lives in the community of Bilwas, which is located about 45 minutes from the urban area of Waspam. She has about a decade’s experience as a teacher.

She is seeking financing to purchase materials for building a kitchen, such as zinc sheeting and nails; and to cover the cost of labor. Her dream is to have a home that would provide safe and decent living conditions.

Additional Information

About Pana Pana

Pana Pana is a nonprofit civil association founded in 1990 in Nicaragua. The organization’s official name is Asociacion para el Desarrollo de la Costa Atlantica (Association for the Development of the Atlantic Coast) but they have always been know as Pana Pana which means “mutual help” in the local language.

Pana Pana offers loans for commerce, housing, and a small number of agriculture loans. They also have a small social development unit that runs Pana Pana’s non-financial services. This includes technical assistance for housing loans and the development of a water and sanitation project.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.